I consider the current rise to be Wave B.
π€ͺ It is a tricky wave, because it corrects Wave A, and it can be either short or long, in any case I don't trade Wave B. That's my rule.
I'm calmly waiting for my chance, because Wave C is impulsive and consists of 5 waves.
π I will wait for the 1st wave as confirmation and then I will trade.
What happens if I am wrong and the market continues to rise?
π I'll stay out of the market and take the next opportunity. No losses.
π My entire team is out of the market. We made a lot of money on the previous waves, there is no point in taking risks.
β Discipline.
π« I don't trade wave B.
β I'm waiting for my chance.